based on an ARM processor this "PC" has 128MB of RAM, USB and displays video via an HDMI port. it seems odd to us that they would use HDMI instead of VGA because there are so many "free" displays that it could power. fortunately, a $4 cable solves this problem. the plan is to make 2 versions one with 128M of RAM and another that doubles the RAM and adds a ethernet port selling for $10 more.
http://www.raspberrypi.org/